hocAttack makes candy bars for vending machines and sells them to vendors in cases of 30 bars. Although ChocAttack makes a variety of candy, the cost differences are insignificant, and the cases all sell for the same price. ChoCA ack has a total capital investment of $12.000.000 t expects to produce and sell 750,000 cases of candy next year. Choc Attack requires a 12% target return on investment. Expected costs for next year are: (Click the icon to view the costs.) ChocAttack prices the cases of candy at full cost plus markup to generate profits equal to the target return on capital. Data Table - Requirements 1. 2. What is the target operating income? What is the selling price ChocAttack needs to charge to earn the target operating income? Calculate the markup percentage on full cost. Variable production costs Variable marketing and distribution costs Fixed production costs Fixed marketing and distribution costs Other fixed costs 2.50 per case $1.00 per case $5,385,000 $600,000 $450,000 3. ChocAttack is considering increasing its selling price to $15 per case. Assuming production and sales decrease by 5%, calculate ChocAttack's return on investment is increasing the selling price a good idea? PrintDone Print Done Requirement 2. What is the selling price ChocAttack needs to charge to earn the target operating income? Calculate the markup percentage on full cost Begin by calculating the target revenues by working backwards from the target operating income Target revenues Variable costs Contribution margin Fixed costs Target operating income ChocAttack must charge S per case to earn the target operating income. Now calculate the markup percentage on full cost. Determine the formula, then compute the markup percentage. (Enter the per unit amounts to the nearest cent. Enter the markup on full costs as a percentage rounded to two decimals, XXX%) )Markup on full costs Requirement 3 ChocAttack is considering increasing its selling p ce o $15 per case Assuming production and sales decrease by 5%, calculate ChocA ack's return on investment. S Increasing he selling price a good idea? Begin by calculating the new target operating income Target revenues Variable costs Contribution margin Fixed costs Target operating income Enter your answer as a percentage rounded to two decimal places, XXX%.) rounded to two decimal places, X.XX%.) ChocAttack's return on investment is